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Morocco, gateway for South Korean companies

Morocco, gateway for South Korean companies
Morocco, gateway for South Korean companies

Morocco is a gateway to Africa for South Korean companies, said Friday in Rabat, South Korea’s Ambassador to Morocco, Chung Keeyong.

Morocco, which has been undergoing major transitions since 2011, reinforced by its African economic policy, appears in Seoul as a gateway for Korean companies to Africa, said Keeyong, who was speaking at the opening of a seminar organized by the Policy Center for the New South (PCNS) in collaboration with the Korean Institute for International Economic Policy (KIEP), on the occasion of 60 years of diplomatic and economic relations between South Korea and the Kingdom of Morocco .

This seminar, initiated under the theme “Morocco-South Korea: an Afro-Asian partnership under construction”, was an opportunity for Mr. Keeyong to make it known that Morocco and South Korea have accumulated during these 60 years a solid relationship based on trust, recalling that the two countries have also cooperated in the fight against covid-19, with more than 100,000 covid-19 test kits and masks produced in Korea transferred to Morocco, in addition to the King’s generous gesture Mohammed VI, allowing 216 Koreans stranded in Morocco to return safely to their country.

For her part, Nouzha Chekrouni, Senior Fellow at the PCNS, highlighted the importance of building a fruitful partnership between Morocco and South Korea, particularly in terms of sustainable development, renewable energies and new technologies. .

She also noted that the KIEP is a Korean national research center whose mission is to conduct studies, research and analyzes of the global issues of the world economy, to guide the country towards effective economic policies.

For his part, the president of KIEP, Kim Heung Chong affirmed that since the establishment of diplomatic relations between the two countries in July 1962, the ties between Rabat and Seoul have undergone considerable development in all areas.

He further recalled that the Korean Embassy in Rabat is Seoul’s first permanent diplomatic representation on the African continent, adding that Seoul pursues a foreign policy that synthesizes economic internationalism and geopolitical isolationism, and considers the Morocco as a privileged entry point for its investments in Africa.

Similarly, Heung Chong expressed Seoul’s willingness to expand to regions with development potential and political stability to boost its investment and economic expansion.

The article is in French


Tags: Morocco gateway South Korean companies

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